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never [62]
4 years ago
13

Mike Hansen has adjusted gross income of $28,350. During the year, Mike decided he needed a larger home. He purchased a home on

a golf course in the same town as his first home. Mike incurred $8,750 in moving expenses. How much of this can he include as an itemized deduction
Business
1 answer:
storchak [24]4 years ago
6 0

Answer:

<u>$0 (None)</u>

Explanation:

Mike incurring additional moving expenses to his new home is not legally permissible for deduction when starting it in his annual gross income report for tax purposes.

However, miscellaneous expenses such as Unreimbursed business expenses, qualified educational expenses, tax preparation fees, subscriptions to professional journals<em>, and job-hunting expenses </em><em>may be deducted.</em>

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sdas [7]

Answer:

a. People are hard-wired to feel emotions about a situation before they reason it out.

Explanation:

Emotional hijacking occurs when our brain's emotional processor (amygdala) bypasses our normal reasoning process.

This occurrence in terms of an emergency is a self-defence mechanism when it is necessary to act in the face of perceived danger.

Emotional hijacking occurs when there is a compulsive need to complete and action. For example answering an email, answering the phone.

It is possible to control emotional hijacking through emtional intelligence.

8 0
3 years ago
Can I Plss get some help on this
AlladinOne [14]

The law of supply illustrates all the quantities of goods that producers are willing and able to sell at every possible price.

<h3>What is the law of supply?</h3>

The law of supply states that when prices increase, the quantity supplied increases and when price falls, the quantity supplied falls. This shows that price and quantity supplied are positively related. This explains why the supply curve is positively sloped.

To learn more about the law of supply, please check: brainly.com/question/26374465

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2 years ago
Make sure that your changes do not ___ your clients.
WARRIOR [948]
Affect your clients.
5 0
3 years ago
On January 1, the first day of the fiscal year, a company issues a $5,000,000, 6%, 10-year bond that pays semiannual interest of
irga5000 [103]

Answer:

Explanation:

The journal entries are shown below:

On Jan 1 - Cash A/c Dr $5,000,000

                        To Bonds Payable A/c $5,000,000,

(Being bond is issued)

On June 30 - Interest expense A/c Dr $150,000

                           To Cash A/c                                     $150,000

(Being interest paid for cash)

On December 31,  Bonds Payable A/c Dr $5,000,000

                                   To Cash A/c                            $5,000,000

(Being payment of principal is recorded on the maturity date)

8 0
3 years ago
In 2011, Cambodia had a GDP of $33.8 billion and a per capita GDP of $2,200. Nearly a third of its people lived below the povert
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Answer: Lack of basic infrastructure

Explanation:

Developing countries refers to the countries that have a low GDP per capita. These countries also rely on agriculture as their main industry.

Another characteristics of developing countries is that they lack basic infrastructure, high rate of unemployment, and high population growth rate.

5 0
2 years ago
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